Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement. The proposed legislation, known as the Ohio Bitcoin Reserve Act, seeks to empower the state treasurer with the authority to invest in Bitcoin, aligning with the growing trend of adopting it […]
The post Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation appeared first on CryptoSlate.
A new supply-and-demand equilibrium model suggests Bitcoin may surpass $1 million by January 2027, following current trends in adoption, liquidity, and Bitcoin reserves. A recent paper by Dr. Murray A. Rudd and Dennis Porter of Satoshi Action Education integrates Bitcoin’s fixed, inelastic supply schedule and dynamic demand factors, including institutional adoption and long-term holding behavior, […]
The post Bitcoin to hit $1 million within 2 years based on new Satoshi Action Fund model appeared first on CryptoSlate.
Galaxy Digital founder and CEO Mike Novogratz believes Bitcoin (BTC) could match and eventually surpass gold’s market capitalization within five to eight years, following the crypto’s record-breaking momentum. Novogratz made the prediction in response to a post by Alex Thorn, head of research at Galaxy, which highlighted that Bitcoin’s market cap has reached 14% of […]
The post Galaxy CEO predicts Bitcoin market cap will overtake gold in 5 to 8 years appeared first on CryptoSlate.
Ethereum (ETH) is poised for a resurgence in 2025 as it rides a wave of emerging trends to capitalize on a $100 trillion opportunity in tokenizing real-world assets (RWAs), according to a letter shared with investors by Bitwise’s senior investment strategist, Juan Leon. The document highlighted that the crypto market was marked by two narratives this […]
The post Bitwise predicts Ethereum revival in 2025 driven by institutional interest, RWA growth appeared first on CryptoSlate.
European Union Member of Parliament Sarah Knafo has urged the bloc to prioritize a Strategic Bitcoin Reserve instead of moving forward with the European Central Bank’s (ECB) digital euro project. In a Dec. 17 video shared on X, Knafo criticized the ECB’s plan for a centralized digital currency, arguing it risks financial freedom and overreach. […]
The post EU urged to follow El Salvador’s lead with Bitcoin reserves by European MP appeared first on CryptoSlate.
Blockchain Gaming Association’s fourth annual survey showed growth in the C-suite, but other demographics appear to be slipping.
US President-elect Donald Trump is reportedly considering an Executive Order to establish a Strategic Bitcoin Reserve (SBR), according to Satoshi Act Fund founder Dennis Porter. On Dec. 15, Porter shared on social media platform X (formerly Twitter) that Trump plans to use the Treasury’s Exchange Stabilization Fund (ESF) to implement this strategy after his inauguration. […]
The post Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves appeared first on CryptoSlate.
The Financial Accounting Standards Board (FASB) has implemented its Fair Value accounting rule for crypto, effective Dec. 15, 2024. This update aims to address accounting and disclosure practices gaps for cryptocurrencies while enhancing transparency in financial reporting. Under the new rule, companies must measure their crypto holdings at fair value and update these valuations in […]
The post New fair value Bitcoin accounting rules go live paving way for corporate reserve adoption appeared first on CryptoSlate.
Japanese lawmaker Satoshi Hamada has called on the government to explore the possibility of integrating Bitcoin (BTC) into its foreign exchange reserves, emphasizing its potential as a strategic asset amid growing global interest in crypto adoption. During a Dec. 11 parliamentary session, Yamada posed questions about Japan’s approach to crypto reserves. He pointed to efforts […]
The post Japanese lawmaker urges consideration of Bitcoin reserve in light of US efforts appeared first on CryptoSlate.
Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company said the Bitcoin was bought at an average price of $99,669 per BTC, including fees and related expenses. With this acquisition, Riot’s Bitcoin holdings have […]
The post Riot Platforms bolsters Bitcoin reserves with $510 million purchase appeared first on CryptoSlate.
Solana has claimed the top spot as the preferred blockchain ecosystem for new developers, eclipsing Ethereum’s dominance for the first time in nearly a decade. A report by Electric Capital highlighted that 7,625 new developers joined the Solana network in the past year, marking the first time any blockchain ecosystem has surpassed Ethereum in developer […]
The post Solana emerges as fastest-growing ecosystem for developers globally appeared first on CryptoSlate.
Texas lawmakers have introduced a bill to establish a state-managed Bitcoin reserve, aiming to explore the potential role of crypto in public finance. Filed on Dec. 13 by Republican Rep. Giovanni Capriglione, the legislation would allow the state to collect taxes, fees, and donations in Bitcoin, with the assets held for at least five years. […]
The post Texas lawmaker proposes state-managed Bitcoin reserve for financial stability appeared first on CryptoSlate.
Robinhood Crypto celebrated a pivotal year in 2024, marked by significant milestones, including the launch of new features, geographic expansions, and the enhancement of its crypto offerings. According to a recent announcement, the company ended the year with $38 billion in crypto assets under custody and $119 billion in notional crypto trading volume over the […]
The post Robinhood Crypto marks milestone year with $38 billion in assets and European expansion appeared first on CryptoSlate.
Microsoft’s evolving interest in crypto investments has sparked speculation about the tech giant’s potential adoption of spot Ethereum (ETH) ETFs once they enable staking features. The discussion follows remarks made by Microsoft CFO Amy Hood during the company’s annual shareholder meeting. While shareholders overwhelmingly rejected a proposal to adopt Bitcoin (BTC) as a treasury asset, […]
The post Microsoft may be open to Ethereum ETFs despite voting against Bitcoin reserves appeared first on CryptoSlate.
State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state’s assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space. According to Sorrell: “Crypto is no longer a […]
The post Alabama state auditor calls to establish Bitcoin reserve appeared first on CryptoSlate.
The French gaming company developed the title in partnership with the Arbitrum Foundation.
The union’s adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce.
Coincheck Group, the parent company of the Coincheck crypto exchange, begins trading on the Nasdaq stock exchange on Dec. 11. This milestone follows the completion of a merger with Thunder Bridge Capital, finalized earlier this month. Both companies announced on Dec. 10 that Thunder Bridge shareholders approved the merger during a special meeting on Dec. 5 […]
The post Coincheck crypto exchange enters Nasdaq as second publicly traded US crypto exchange appeared first on CryptoSlate.
Hong Kong lawmaker Johnny Ng has questioned whether the city’s government is considering Bitcoin as part of its investment strategy. He raised these views in a Dec. 11 statement, highlighting the growing global recognition of Bitcoin and its decentralized nature despite its inherent risks. The Bitcoin reserve question Ng questioned if the Hong Kong government […]
The post Hong Kong lawmaker questions government’s stance on Bitcoin amid rising global significance appeared first on CryptoSlate.
Coinbase’s Project Diamond has adopted the Chainlink Standard to drive institutional adoption of digital assets, according to a Dec. 10 statement shared with CryptoSlate. Project Diamond, managed by Coinbase Asset Management, focuses on serving institutional users outside the US. It leverages a comprehensive infrastructure that includes Coinbase Prime custody, the Prime Onchain Wallet, the Project […]
The post Coinbase taps Chainlink to boost institutional crypto adoption in Abu Dhabi appeared first on CryptoSlate.
The announcement’s timing is noteworthy, with the 2024 US presidential race having finished a month prior.
Microsoft shareholders voted against the proposal to add Bitcoin (BTC) to its treasury in a preliminary vote conducted during the firm’s annual meeting. The proposal, introduced by the think tank and shareholder National Center for Public Policy Research (NCPPR), involved Microsoft considering allocating 1% of its treasury to BTC, which is roughly $800 million per […]
The post Microsoft shareholders oppose Bitcoin treasury allocation in preliminary vote appeared first on CryptoSlate.
The crypto market is poised for a transformative year in 2025, with Bitcoin (BTC) projected to break $200,000, according to a recent Bitwise report. The report — titled The Year Ahead: 10 Crypto Predictions for 2025 — highlights the factors driving the industry’s growth, including new regulatory clarity, institutional adoption, and technological innovation, which together […]
The post Bitcoin poised for ‘golden age’ in 2025 with $200k milestone projection – Bitwise appeared first on CryptoSlate.
Goldman Sachs CEO David Solomon said the firm might explore becoming a spot market maker spot market for Bitcoin (BTC) and Ethereum (ETH) if the regulatory environment in the US undergoes significant changes. Speaking at the Reuters Next event in New York, Solomon acknowledged that Goldman Sachs is currently unable to hold crypto due to […]
The post Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift appeared first on CryptoSlate.
The company’s board opposed the resolution, citing Bitcoin’s purported volatility as a negative factor.
Tether’s USDT stablecoin has been approved as an Accepted Virtual Asset (AVA) by the Abu Dhabi Global Market (ADGM), according to a Dec. 10 statement. The landmark decision, granted by the Financial Services Regulatory Authority (FSRA), allows licensed entities within the jurisdiction to offer services involving USDT under ADGM’s regulatory framework. The approval marks a […]
The post Tether’s USDT stablecoin integrates into Abu Dhabi’s financial ecosystem appeared first on CryptoSlate.
Anthony Scaramucci has projected China’s return to Bitcoin mining and integrating Bitcoin into its reserve assets, making this claim during remarks delivered at the Bitcoin MENA 2024 conference. He suggested that with the United States now signaling a more open stance toward Bitcoin, it would be increasingly difficult for other nations to remain on the […]
The post Anthony Scaramucci predicts China to create strategic Bitcoin reserve in 2025 appeared first on CryptoSlate.
A global survey by Consensys and YouGov shows that crypto adoption and understanding continue to grow worldwide following this year’s historic market performance, according to a Dec. 10 report shared with CryptoSlate. According to the report, global awareness of cryptocurrencies has reached 93%, with over half of respondents claiming to understand the technology. Younger men, […]
The post Global crypto awareness hits 93% as trust in traditional finance falters appeared first on CryptoSlate.
Eric Trump predicted governments and institutions will adopt Bitcoin, highlighting that the early movers are set to win.
Stablecoin issuer Tether reported 109 million on-chain wallets holding USDT at the start of the fourth quarter, according to a Dec. 9 report. The growth positions USDT as one of the most utilized digital assets, with its wallet numbers approaching Ethereum levels and far surpassing those of Bitcoin. The report also highlighted USDT’s integration within […]
The post Tether USDT wallets surge to 109 million, challenge Bitcoin and Ethereum user base appeared first on CryptoSlate.